GABELLI HEALTHCARE & WELL (GRX) Stock Technical Analysis
USA - NYSE:GRX - US36246K1034
Taking everything into account, GRX scores 0 out of 10 in our technical rating. GRX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
GRX has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 9.25, a Stop Loss order could be placed below this zone.
More info and screens
8.86
2 important support areas can be observed.
- A support zone ranging from 9.14 to 9.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 8.95 to 8.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 9.52 to 9.61. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @10.43 from a horizontal line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for GRX is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GRX is neutral. |
| ChartMill Relative Strength | 29.49 | NEGATIVE | GRX has a low relative strength, it was outperformed by 70.51% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of GRX is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GRX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GRX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.32 | NEUTRAL | The RSI value for GRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests GRX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 45.68 | NEUTRAL | The Stochastics value for GRX is a neutral value. |
| Average True Range in percent/ATR (20) | 1.16 | LOW VOLATILITY | The low ATR as a percentage value for GRX suggests low volalility. |
| Average Directional Index/ADX (14) | 10.85 | NEGATIVE | The low ADX value for GRX suggests a weak or negative trend. |
9.25
+0.06 (+0.65%)
GABELLI HEALTHCARE & WELL / GRX FAQ
Can you provide the ChartMill technical rating for GABELLI HEALTHCARE & WELL?
ChartMill assigns a technical rating of 0 / 10 to GRX.
What is the current trend direction of GABELLI HEALTHCARE & WELL (GRX) stock?
The current trend direction for GABELLI HEALTHCARE & WELL (GRX) is Bearish.
What is the RSI signal for GABELLI HEALTHCARE & WELL (GRX) stock?
GABELLI HEALTHCARE & WELL (GRX) has an RSI value of 51.316. This indicates that the stock is currently neutral.
What is the MACD signal for GRX stock?
The MACD indicator for GABELLI HEALTHCARE & WELL (GRX) has a value of -0.00289897, indicating a bearish trend.